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ART'S-WAY MANUFACTURING CO (ARTW) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:ARTW - US0431681032 - Common Stock

2.37 USD
+0.05 (+2.16%)
Last: 1/9/2026, 4:04:51 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to ARTW. ARTW was compared to 132 industry peers in the Machinery industry. ARTW has an average financial health and profitability rating. ARTW is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year ARTW was profitable.
ARTW had a positive operating cash flow in the past year.
Of the past 5 years ARTW 4 years were profitable.
In multiple years ARTW reported negative operating cash flow during the last 5 years.
ARTW Yearly Net Income VS EBIT VS OCF VS FCFARTW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2M -2M

1.2 Ratios

With an excellent Return On Assets value of 11.52%, ARTW belongs to the best of the industry, outperforming 84.09% of the companies in the same industry.
ARTW's Return On Equity of 18.06% is amongst the best of the industry. ARTW outperforms 81.06% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.10%, ARTW is in line with its industry, outperforming 41.67% of the companies in the same industry.
ARTW had an Average Return On Invested Capital over the past 3 years of 2.91%. This is significantly below the industry average of 10.21%.
The last Return On Invested Capital (5.10%) for ARTW is above the 3 year average (2.91%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 11.52%
ROE 18.06%
ROIC 5.1%
ROA(3y)0.99%
ROA(5y)-1.44%
ROE(3y)1.91%
ROE(5y)-2.69%
ROIC(3y)2.91%
ROIC(5y)N/A
ARTW Yearly ROA, ROE, ROICARTW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10 -20

1.3 Margins

ARTW has a Profit Margin of 10.43%. This is in the better half of the industry: ARTW outperforms 74.24% of its industry peers.
In the last couple of years the Profit Margin of ARTW has grown nicely.
ARTW has a Operating Margin (5.72%) which is comparable to the rest of the industry.
ARTW's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 31.36%, ARTW is in line with its industry, outperforming 51.52% of the companies in the same industry.
ARTW's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 5.72%
PM (TTM) 10.43%
GM 31.36%
OM growth 3Y-3.34%
OM growth 5YN/A
PM growth 3Y14.27%
PM growth 5YN/A
GM growth 3Y4.12%
GM growth 5Y11.69%
ARTW Yearly Profit, Operating, Gross MarginsARTW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ARTW is destroying value.
Compared to 1 year ago, ARTW has more shares outstanding
Compared to 5 years ago, ARTW has more shares outstanding
Compared to 1 year ago, ARTW has an improved debt to assets ratio.
ARTW Yearly Shares OutstandingARTW Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M 4M 5M
ARTW Yearly Total Debt VS Total AssetsARTW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

2.2 Solvency

An Altman-Z score of 3.26 indicates that ARTW is not in any danger for bankruptcy at the moment.
The Altman-Z score of ARTW (3.26) is comparable to the rest of the industry.
The Debt to FCF ratio of ARTW is 8.99, which is on the high side as it means it would take ARTW, 8.99 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 8.99, ARTW perfoms like the industry average, outperforming 43.18% of the companies in the same industry.
ARTW has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ARTW (0.36) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 8.99
Altman-Z 3.26
ROIC/WACC0.51
WACC9.92%
ARTW Yearly LT Debt VS Equity VS FCFARTW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M 10M 15M

2.3 Liquidity

A Current Ratio of 2.54 indicates that ARTW has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.54, ARTW is in the better half of the industry, outperforming 67.42% of the companies in the same industry.
ARTW has a Quick Ratio of 2.54. This is a bad value and indicates that ARTW is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.41, ARTW is doing worse than 90.15% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.54
Quick Ratio 0.41
ARTW Yearly Current Assets VS Current LiabilitesARTW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M

2

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 314.03% over the past year.
Measured over the past 5 years, ARTW shows a small growth in Earnings Per Share. The EPS has been growing by 6.27% on average per year.
Looking at the last year, ARTW shows a very negative growth in Revenue. The Revenue has decreased by -22.08% in the last year.
ARTW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.37% yearly.
EPS 1Y (TTM)314.03%
EPS 3Y6.27%
EPS 5YN/A
EPS Q2Q%12350%
Revenue 1Y (TTM)-22.08%
Revenue growth 3Y-0.63%
Revenue growth 5Y1.37%
Sales Q2Q%9.47%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
ARTW Yearly Revenue VS EstimatesARTW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 4.84, which indicates a rather cheap valuation of ARTW.
Compared to the rest of the industry, the Price/Earnings ratio of ARTW indicates a rather cheap valuation: ARTW is cheaper than 98.48% of the companies listed in the same industry.
ARTW is valuated cheaply when we compare the Price/Earnings ratio to 27.00, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 4.84
Fwd PE N/A
ARTW Price Earnings VS Forward Price EarningsARTW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

95.45% of the companies in the same industry are more expensive than ARTW, based on the Enterprise Value to EBITDA ratio.
71.97% of the companies in the same industry are more expensive than ARTW, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 20.3
EV/EBITDA 6.69
ARTW Per share dataARTW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

4.3 Compensation for Growth

The decent profitability rating of ARTW may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

ARTW does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

ART'S-WAY MANUFACTURING CO

NASDAQ:ARTW (1/9/2026, 4:04:51 PM)

2.37

+0.05 (+2.16%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-08 2025-10-08
Earnings (Next)02-09 2026-02-09
Inst Owners5.53%
Inst Owner Change0%
Ins Owners10.76%
Ins Owner Change-1.53%
Market Cap12.11M
Revenue(TTM)24.08M
Net Income(TTM)2.51M
Analysts100
Price TargetN/A
Short Float %0.15%
Short Ratio0.08
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 4.84
Fwd PE N/A
P/S 0.5
P/FCF 20.3
P/OCF 10.25
P/B 0.87
P/tB 0.87
EV/EBITDA 6.69
EPS(TTM)0.49
EY20.68%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.12
FCFY4.93%
OCF(TTM)0.23
OCFY9.76%
SpS4.71
BVpS2.72
TBVpS2.72
PEG (NY)N/A
PEG (5Y)N/A
Graham Number5.48
Profitability
Industry RankSector Rank
ROA 11.52%
ROE 18.06%
ROCE 8.48%
ROIC 5.1%
ROICexc 5.1%
ROICexgc 5.1%
OM 5.72%
PM (TTM) 10.43%
GM 31.36%
FCFM 2.48%
ROA(3y)0.99%
ROA(5y)-1.44%
ROE(3y)1.91%
ROE(5y)-2.69%
ROIC(3y)2.91%
ROIC(5y)N/A
ROICexc(3y)2.91%
ROICexc(5y)N/A
ROICexgc(3y)2.91%
ROICexgc(5y)N/A
ROCE(3y)5.2%
ROCE(5y)N/A
ROICexgc growth 3Y-2.63%
ROICexgc growth 5YN/A
ROICexc growth 3Y-2.63%
ROICexc growth 5YN/A
OM growth 3Y-3.34%
OM growth 5YN/A
PM growth 3Y14.27%
PM growth 5YN/A
GM growth 3Y4.12%
GM growth 5Y11.69%
F-Score7
Asset Turnover1.1
Health
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 8.99
Debt/EBITDA 2.29
Cap/Depr 73.3%
Cap/Sales 2.43%
Interest Coverage 3.58
Cash Conversion 54.35%
Profit Quality 23.75%
Current Ratio 2.54
Quick Ratio 0.41
Altman-Z 3.26
F-Score7
WACC9.92%
ROIC/WACC0.51
Cap/Depr(3y)134.71%
Cap/Depr(5y)117.99%
Cap/Sales(3y)3.97%
Cap/Sales(5y)3.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)314.03%
EPS 3Y6.27%
EPS 5YN/A
EPS Q2Q%12350%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-22.08%
Revenue growth 3Y-0.63%
Revenue growth 5Y1.37%
Sales Q2Q%9.47%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y491.97%
EBIT growth 3Y-3.96%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y166.29%
FCF growth 3YN/A
FCF growth 5Y39.5%
OCF growth 1Y413.78%
OCF growth 3YN/A
OCF growth 5Y26.53%

ART'S-WAY MANUFACTURING CO / ARTW FAQ

Can you provide the ChartMill fundamental rating for ART'S-WAY MANUFACTURING CO?

ChartMill assigns a fundamental rating of 4 / 10 to ARTW.


What is the valuation status of ART'S-WAY MANUFACTURING CO (ARTW) stock?

ChartMill assigns a valuation rating of 5 / 10 to ART'S-WAY MANUFACTURING CO (ARTW). This can be considered as Fairly Valued.


How profitable is ART'S-WAY MANUFACTURING CO (ARTW) stock?

ART'S-WAY MANUFACTURING CO (ARTW) has a profitability rating of 6 / 10.


Is the dividend of ART'S-WAY MANUFACTURING CO sustainable?

The dividend rating of ART'S-WAY MANUFACTURING CO (ARTW) is 0 / 10 and the dividend payout ratio is 0%.